Question: Please show the steps to explain how to solve these 2 questions in the financial calculator or mathematical way, it better have the explanation if

Please show the steps to explain how to solve these 2 questions in the financial calculator or mathematical way, it better have the explanation if you have chance.

4. To purchase a car, you borrow from a bank $7,500 to be repaid with 24 equal monthly payments, the first of which to be made immediately. The annual interest rate is 12%. what is the amount of your monthly payment? A. $253.05 B. $289.43 C. $349.55 D. $353.05

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